Amendment No. 8 to the Administration Arrangement between the United Kingdom of Great Britain
and Northern Ireland, represented by the Foreign, Commonwealth and Development Office (formerly,
    the Foreign and Commonwealth Office) and the International Bank for Reconstruction and
 Development and the International Development Association regarding the Multi-Donor Trust Fund
               for the Tunisia Governance, Financial Sector and Local Governments
            (Trust Fund No. TF072692 parallel to original Trust Fund No. TF072287)

1.      Reference is made to the Administration Arrangement between the United Kingdom of Great
Britain and Northern Ireland, represented by the Foreign, Commonwealth and Development Office
(formerly, the Foreign and Commonwealth Office) (the “Donor”) and the International Bank for
Reconstruction and Development and the International Development Association (collectively, the “Bank”
and together with the Donor, the “Participants” and each a “Participant”) regarding the Multi-Donor Trust
Fund for the Tunisia Governance, Financial Sector and Local Governments (Trust Fund No. TF072692)
effective as of November 21, 2016, as amended (the “Administration Arrangement”).

2.      The Participants mutually decided to amend the Administration Arrangement as follows:

        (a)     Paragraph 4.1 of Annex 2 to the Administration Arrangement will be deleted and replaced
        with the following:

                “4.1   The Bank shall provide the Donors with annual written progress reports by
                February 28. Within six (6) months of the End Disbursement Date (as defined below), the
                Bank shall furnish to the Donors a final report on the activities financed by the Trust Fund.”

        (b)    Annex 3 to the Administration Arrangement will be deleted and replaced with the Annex
        provided in the attachment to this Amendment.

3.      All other terms of the Administration Arrangement will remain the same.



                               [remainder of page intentionally left blank]




                                                                                                            1
4.       Each of the Participants represents, by confirming its acceptance below, that it is authorized to enter
into this Amendment and act in accordance with its provisions. The Bank and the Donor are each requested
to sign and date this Amendment, and upon possession by the Bank of this fully signed Amendment, this
Amendment will come into effect as of the date of the last signature.



INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION




By:     ____________________________________/s1/

        Alexandre Arrobbio
Name: _____________________________________/n1/


         Country Manager
Title: _______________________________________/t1/

        15-Dec-2021
Date:   ______________________________________/d1/



UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, represented by THE
FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE (formerly, the Foreign and
Commonwealth Office)




By:     ____________________________________/s2/

         Helen Winterton
Name: _____________________________________/n2/


          UK Ambassador, Tunis
Title: ______________________________________/t2/

         22-Dec-2021
Date:   ____________________________________/d2/




                                                                                                              2
                                                                                         ATTACHMENT

                                                                                               “ANNEX 3

                                               Governance

This Annex shall be applicable to and form an integral part of all Administration Agreements between the
Bank and the respective Donors.

This Trust Fund supports the achievement of the objectives of the Tunisia Economic Resilience and
Inclusion Umbrella Program (Trust Fund No. 073622) and is considered an associated trust fund of the
Tunisia Economic Resilience and Inclusion Umbrella Program (Trust Fund No. 073622) (an “Associated
Trust Fund”).

1.      A Partnership Council will be established to:

        (a)     provide strategic guidance and direction on the implementation of this Trust Fund and any
                associated trust fund(s), and

        (b)     to review progress reports provided by the Bank based on the results framework for the
                trust funds under an Umbrella.

2.      The Partnership Council will be comprised of representatives from the Bank, including as Chair, a
representative of each Donor contributing to the anchor trust fund, and a representative of each donor
contributing to associated trust fund(s).

3.      The Partnership Council is expected to meet annually, as convened by the Bank. The meetings may
be conducted physically or virtually. The Bank may also agree to hold ad hoc meetings of the council at the
request of a member. Further, the Bank may, in consultation with the Partnership Council, invite other
relevant stakeholders to attend meetings of the Partnership Council.

4.       The Bank will prepare annual work plans and budgets for each trust fund under an Umbrella and
present them during Partnership Council meetings. Donors contributing to a specific trust fund and the
Bank will endorse annual work plans and budgets for the said trust fund. It should be noted that only donors
contributing to a specific trust fund may endorse or provide inputs to the annual work plans and budgets of
that trust fund. Decisions will be made by consensus of the Bank and the donors contributing to a trust
fund.”




                                                                                                          3